In the third quarter Qualcomm managed to increase revenues by 22% to $11.39 billion, but not the most optimistic forecast for the smartphone market caused the company's stock price to decline by 7.56% after the close of trading.According to this provider of mobile processors, at the end of the current calendar year, the smartphone market will shrink not by 5-6%, but by 10-12%.Since the beginning of this quarter, the company will also stop hiring new staff.Image source: Qualcomm TechnologiesIn the current quarter, as stated by representatives of Qualcomm, the company's revenue will be in the range of $9.2 to $10 billion, which is a couple of billion dollars below the most modest expectations of analysts.Apparently, this also contributed to Qualcomm's share price decline after the release of financial statistics.The company's representatives also noted that a sharp decline in demand and an improvement in the supply of components led to an increase in product inventories. Qualcomm will have to spend the accumulated surplus products in the warehouses for about a couple more quarters.The company has been running QCT, which supplies chips for smartphones and other devices that transmit data over wireless channels, and has generated $9.9 billion in revenue last quarter, up 28 percent from the same period last year.Smartphone chip shipments brought Qualcomm $6.57 billion in revenue last quarter, increasing revenue by 40% over the same quarter last year.The automotive business grew 58% to $427 million, while the Internet of Things added 24%, giving Qualcomm a core revenue of $1.92 billion.Finally, radio frequency components dropped 20% to $992 million.Technology licensing and patents brought Qualcomm $1.44 billion last quarter, up 8% from a year earlier, but this revenue line still fell short of analysts' expectations.The head of the company, Cristiano Amon, acknowledged that Qualcomm cannot stay away from the negative impact of macroeconomic conditions on the entire semiconductor industry.Operating costs are expected to be reduced not only by suspending the expansion of the staff from October this year, but also by other measures.Regarding the relationship with customers, it was said that the license agreement with Samsung Electronics has been extended until 2030, and in the next quarter the Korean giant will increase the share of Qualcomm chips in its mobile devices.Almost all of the iPhones next year will use Qualcomm modems, though the company previously expressed fears that it will not get more than 20% of Apple's orders because it has time to introduce modem solutions of its own design.In a couple of years, in the opinion of Qualcomm's management, Apple will still be able to almost completely abandon the components of the first brand.According to the forecasts of Bloomberg, the first smartphones Apple with modem components of its own design will not appear until 2024.
AMD will unveil Radeon RX 7000 graphics cards on the latest RDNA 3 architecture graphics processors tonight. The start of the presentation,...
12vhpwr 3d graphics 3d nand 3d v-cache 3d v-nand 3d xpoint 3dmark 3dnow! 5g 6700 xt 6750 xt 7-zip a100 aaeon Accelerator account acer acer conceptd ada ada lovelace agesa ai ainex airbus akasa alchemist aldebaran alder lake alienware aliexpress all-in-one alliance alphacool alpine am5 Amazon amd amd 4700s amd 4800s amd a320 amd a520 amd b350 amd b550 amd b650 amd b650e amd epyc amd expo amd fidelityfx amd fsr amd instinct amd instinct mi300 amd processors amd radeon amd ramp amd ryzen amd x370 amd x570 amd x670 amd x670e amd zen ampere analog devices analytics android anniversary announcement anode antec antitrust antutu aorus apacer apollo lake apple apple iphone apple m2 APU apu amd Aquarius arc arc alchemist arcadegeddon architecture archiver arctic arctic sound arctic sound-m arizona arm arm64 arrow lake artificial intelligence asetek ashes of the singularity Asia asml asrock Assemblies ASUS Athlon athlon gold 4100ge augmented reality aviation aws b450 b550 backpack baidu Bastion batteries battery be quiet! benchmark benchmarks bentley best price offers big.little binance bios biostar biren technology black market blizzard entertainment blocking board board of directors boe bots boycott brix byd cables cadence call of duty: modern warfare 2 cameras canon capcom capitalization cars case catl CD cd projekt red cdna cdna 2 certification ces ces 2021 ces 2022 cezanne charger charging station chassis chernobylite chieftec China Chinese government Chinese manufacturers chip chip design chip production chiplet chipmaking chips chipset chipsets chromebook cinebench cjo codemasters colorful comet lake compact comparison compatibility computer computer case computer chassis Computer of the Month computers computex computex 2022 Connector console consoles controller cooler cooler master cooling cooling system cooling systems core i5-12600 core i7-12700kf corsair cougar counterfeit counterplay games court cpu cpu-z cray crisis crucial crypto exchange cryptocurrencies cryptocurrency cuts cxmt cyberpunk 2077 darpa data center data storage ddr4 ddr5 deal deepcool defect dell denso deputies desktop Desktop Cpu developers development dimensity 1050 dimensity 9200 dimensity 930 directx 11 directx raytracing discounts display displayport 2.0 diy dlss dollar dongfang jingyuan doom eternal dram drive driver drivers e-ink ecc economy education ek water blocks ekwb electreon electric car electric cars electric vehicle electrolyte electronic arts elitebook elon mask Elon Musk elsa elvis energy environment eol epyc ethereum EU europe evga exchange exchange rate exor studios expansion card experiment external external ssd extreme overclocking exynos exynos 2200 eyeware tech f-150 lightning f1 2021 fan far cry far cry 6 fidelityfx finance fine flash memory foldable screen for enthusiasts ford forecast fpga fractal design fraud fridge fsr fsr 2.0 fsr 3.0 galax galaxy game console game consoles games gamestop gaming gaming consoles gaming laptop Gaming News gaming PC gan gartner gas pedal gb/t gddr6 gddr6x geekbench geforce geforce gtx 1630 geforce rtx geforce rtx 2060 geforce rtx 2060 super geforce rtx 30 geforce rtx 3000 geforce rtx 3060 geforce rtx 3060 ti geforce rtx 3070 geforce rtx 3070 ti geforce rtx 3080 geforce rtx 3090 geforce rtx 3090 ti geforce rtx 4000 geforce rtx 4080 geforce rtx 4080 12gb geforce rtx 4090 geforce rtx 4090 ti geil general motors genoa Germany ghostwire: tokyo gigabyte globalfoundries glucose energy source glucose fuel cell godfall google google i/o gpgpu gpu grace grand theft auto granite rapids graphics graphics card graphics cards graphics gas pedals graphics processors graviton Great Britain gta 5 gta v gtx 1630 gtx 1650 guerrilla games gunnir halo infinite hard drive hard drives Hardware hdc hdd hdmi hdmi 2.1a hdplex hedt helicopter helio g99 hellblade: senua’s sacrifice highpoint hiring history hitman 3 hof hopper horizon zero dawn hp hp inc hp omen HP spectre hpe huawei huawei technologies hybrid hybrid cars hydrogen hydrogen fuel hygon hyundai ibm ic insights ice lake ice lake-sp id cooling id-cooling idc ideapad igpu image imagination technologies immersion cooling immortals fenyx rising India indonesia industrial espionage industry infinix ingenuity inno3d innosilicon inspiron installation instinct instinct mi100 instinct mi200 instinct mi300 intel intel arc intel arc a310 intel arc a380 intel arc a550m intel arc a580 intel arc a750 intel arc a770 intel arc a770m intel arc alchemist intel arc pro a intel bridge intel nuc 13 extreme intel optane intel processor intel xe intel xeon intel xess intel z690 intel z790 interfaces Internet of things investment iphone iphone 13 ipo ipod ipod touch iris xe Israel it market Italy Japan jon peddie research jonsbo k.</br>mirza keyboard kfa2 kingpin kingston kioxia Korea lamborghini laptop laptops law leak leaks legion lenovo lexar lfp lga 1700 lga 1851 license lightning lightyear lightyear 0 linux liquid cooling system liquid nitrogen lithography litigation log4j london lonestar lonestar data holdings loongson lte luna m.2 mac mini mac pro macbook macbook air macbook pro machine learning mainboard terminal manufacturing market market analysis market share marketing Mars marvel's spider-man: remastered matebook materials matestation mcst me mediatek meltdown memory mendocino mercedes-benz mercury research meta meteor lake mi notebook pro mi100 mi200 micron micron technology microsoft microsoft surface milan miners ming-Chi Kuo mining minisforum mit mmd mobile Mobile Cpu mobile processor modem moon moore threads motherboard motherboards msi my.games nand nanya naraka: bladepoint nas nasa natron navi navi 12 navi 2 navi 21 navi 22 navi 23 navi 24 navi 31 navi 32 navi 33 network storage new york News next-gen consoles nickel ninja theory nintendo nio nitro noctua nomination northvolt Notebook notebooks nrel nuvia nvidia nvidia a100 nvidia geforce nvidia graphics cards nvidia rtx nvlink nvme nzxt omdia one netbook open source optimal price offers optimum price offers orange oryon overclocking overdrive overwatch 2 panasonic passmark pat Gelsinger patent patent dispute PC PC market pci express 4.0 pci express 5.0 pensando systems performance perovskite phanteks philips phison phison e26 photo photos pixel pixel 7 plant playstation 3 playstation 5 playstation5 pluton ponte vecchio power power consumption power efficiency power supplies power supply powercolor presentation price prices probook processes processor processors production project stealth project volterra promotion promotions prototype ps5 quake ii quake ii rtx qualcomm qualcomm snapdragon qualcomm snapdragon 8 gen 2 quantum computer quantum computers quantum computing radeon radeon 6700 radeon instinct radeon pro radeon rx 5600 xt radeon rx 590 radeon rx 6000 radeon rx 6000m radeon rx 6000s radeon rx 6400 radeon rx 6500 xt radeon rx 6600 radeon rx 6600 xt radeon rx 6650 xt radeon rx 6700 radeon rx 6700 xt radeon rx 6750 xt radeon rx 6800 radeon rx 6800 xt radeon rx 6900 xt radeon rx 6950 xt radeon rx 7000 radeon rx 7900 radeon rx 7900 xt radeon rx 7900 xtx radeon software radeon super resolution raid RAM raphael rapidus raptor lake raptor lake-hx raptoreum ray tracing rdna rdna 2 rdna 3 rdna2 records recycling redmi redmibook release date rembrandt Renoir resident evil village resizable bar restructuring retro review risc-v roadmap roadmaps robot rockchip rocket lake rockstar games rog rog strix rome rosatom rsr 1.1 rtx rtx 3060 rtx 3070 rtx 3090 rtx 40 rtx 4000 rtx 4070 rtx 4080 rtx 4090 ruble Rumors russia russian Russian market rx 6600 xt rx 6650 xt ryzen Ryzen 3 ryzen 3 4100 ryzen 3000 ryzen 4000 Ryzen 5 ryzen 5 4500 ryzen 5 5600x ryzen 5000 ryzen 5000g ryzen 5000h ryzen 5000u ryzen 6000 Ryzen 7 ryzen 7000 Ryzen 9 ryzen 9 5950x ryzen 9 7950X ryzen embedded ryzen pro ryzen pro 5000 ryzen threadripper ryzen threadripper 7000 ryzen threadripper pro 5000 samsung samsung electronics samsung galaxy samsung sdi sanctions sanctions against russia sanctions on russia sapphire sapphire rapids scaling scalping scientists sdxc semiconductors server servers sgx shareholders shares sharkoon shortages Showa Denko silicon silicon power silverstone simply nuc single-board SK hynix skat slimbook smart access memory smartphone smartphones smic smt snapdragon soc socket am4 socket am5 sodium-ion softbank solar cell solar energy solar panels solar power solid-state battery sony sony interactive entertainment soonfoals space spacer specifications spectre speculators sports car squip ssd ssd drive ssd drives ssd-drive staffing standardization standards state Duma statistics steam steam deck stellantis stocks storage storedot subsidies sumco supercharger supercomputer support surface surface laptop 4 switch synology system requirements system unit system76 tablet tablets taichi Taiwan Taiwan manufacturers taiwan semiconductor mfg talks taobao.com team group tech processor tensor tensor g2 terra tesla tesla model 3 tesla model s tesla model y test testing tests Texas the medium the riftbreaker thermalright thermaltake thinkpad Threadripper thunderbolt 4 tiger lake toshiba toyota trade war transcend tsmc tuf gaming turing twitter U.S. U.S.</br> uber uber eats ubisoft ubuntu ucff UK Ukraine umc unisoc UPS US usa usb usb 2.0 usb port usb type-c usb-c usb4 valve variable rate shading vermeer vesa video video card video cards video surveillance virtual reality visual studio 2022 vivobook vk vlsi vr glasses vr-headset vulkan vulkan ray tracing vulnerabilities vulnerability wafer waterblock wd western digital western digital black wi-fi winbond windows windows 11 wires workstation world of warcraft world of warcraft: shadowlands x470 x86 xbox xbox game studios xbox series s xbox series x xeon xess xiaomi xigmatek xilinx xmg xpg xtal yeston ymtc youtube z490 zadak zen zen 2 zen 3 zen 4 zen 5 zen+ zen4 zenbook zhaoxin zotac